Finance Jobs in Saudi Arabia

• Cost Accounting & Analysis:
  • Perform detailed cost analysis for products, projects, and services.
  • Maintain and monitor standard costs, BOM (Bill of Materials), and routing updates in SAP.
  • Conduct monthly cost variance analysis (material, labor, overhead) and investigate deviations.
  • Review and validate inventory costing, production orders, and WIP valuations.
  • Support costing for new products, new projects, and changes in manufacturing processes.
• SAP Financial Operations:
  • Manage costing activities using SAP FI/CO, MM, and PP modules.
  • Ensure accurate data flow from material master, cost centers, activity types, work centers, and BOM.
  • Perform SAP month-end closing including settlement of production orders, cost centers, and internal orders.
  • Generate and analyze SAP reports such as CK11N, CK40N, MB5B, KSB1, KSBT, S_ALR Reports, and more.
• Budgeting & Forecasting:
  • Participate in the preparation of annual budgets, rolling forecasts, and cost estimates.
  • Monitor actual costs versus budget and present monthly variance reports.
  • Assist management with cost simulations, what-if analysis, and cost reduction opportunities.
• Internal Controls & Compliance:
  • Ensure compliance with IFRS, internal policies, and audit requirements.
  • Maintain strong cost accounting controls in SAP to ensure data accuracy and transparency.
  • Coordinate with internal and external auditors on cost and inventory-related matters.
• Cross-Functional Collaboration:
  • Work closely with production, procurement, engineering, and finance teams to ensure accurate cost data.
  • Support projects related to process improvement, SAP enhancements, and system automation.
  • Provide financial insights to assist management with decision-making.

• Bachelor’s degree in Accounting, Finance, or Cost Management (CMA or CPA preferred).
• 5–7 years of experience in cost accounting, preferably in manufacturing, industrial, or project-based environments.
• Strong SAP experience in FI/CO, MM, PP modules is mandatory.
• Strong analytical, problem-solving, and financial modeling skills.
• Proficiency in Excel (pivot tables, formulas, dashboards).
• Excellent communication and report-writing skills.

• Attention to detail and high accuracy.
• Ability to work under pressure and meet deadlines.
• Strong understanding of costing concepts (standard costing, absorption costing, activity-based costing).
• Business acumen and ability to partner with operations.
• Initiative and ability to drive cost optimization.

• Develop and implement procurement strategies to ensure cost-effective purchases.
• Source suppliers and maintain strong relationships for timely delivery of high-quality goods and services.
• Negotiate contracts and terms with vendors to secure advantageous agreements.
• Monitor inventory levels and manage purchasing budgets to minimize costs and maximize efficiency.
• Coordinate with other departments to understand their procurement needs and requirements.
• Track and report key functional metrics to senior management.

• Bachelor's degree in business administration, Procurement, Supply Chain Management, or related field.
• Proven work experience as a Procurement Officer or in a similar role.
• Strong negotiation and communication skills.
• Familiarity with procurement software and tools.
• Excellent analytical and problem-solving abilities.
• Ability to work well under pressure and meet tight deadlines.

• Develop and implement cost control strategies and procedures for effective financial management.
• Monitor and analyze financial data to uncover cost-saving opportunities and enhance profitability.
• Prepare and present financial reports, budget forecasts, and variance analyses to senior management.
• Coordinate with project managers and department heads to track and control project costs.
• Review and approve purchase orders, invoices, and expense reports for compliance with company policies.
• Conduct audits of financial records and procedures to resolve discrepancies.
• Train and mentor cost control staff on relevant processes and procedures.
• Collaborate with teams to develop cost reduction initiatives and drive efficiency.
• Stay updated on industry trends, regulations, and best practices in cost control and financial analysis.

• Bachelor's or Master's Degree in Accounting or Engineering from an accredited university.
• Minimum 15 years of experience in a related field on major national/international projects.
• Extensive knowledge of project cost management.
• Strong ability to present budgetary plans and requirements to senior management and governmental authorities.
• Excellent negotiation skills with various stakeholders to secure project costs.
• Fluency in Arabic and English with strong verbal and written communication skills.

• Conduct financial analysis to assess the company's financial performance.
• Provide recommendations to improve returns and reduce costs.
• Prepare reports and present them to senior management.

• A diploma in accounting or information technology.
• Strong analytical skills and the ability to work under pressure.
• Proficiency in using financial analysis software.

• Contact customers via phone, email, or letter to remind them of overdue payments and negotiate repayment plans.
• Maintain accurate records of communications and payment agreements in company databases.
• Investigate and resolve customer inquiries regarding payments and account discrepancies.
• Review accounts receivable aging reports and prioritize follow-ups on overdue accounts.
• Develop and implement effective collection strategies while adhering to legal and ethical standards.
• Work towards achieving collection targets and KPIs set by the management.
• Keep detailed records of each collection action, including customer interactions and agreements.
• Liaise with legal advisors when necessary for collection of disputed accounts.
• Provide feedback and insights on common payment issues to help the company improve its services and payment processes.
• Assist in reporting collection results to management and provide recommendations for improvement.

• Bachelor's degree in Finance, Business Administration, or related field.
• 3-5 years of experience in debt collection, credit control, or financial services.

• Strong negotiation and persuasion skills.
• Excellent communication skills in Arabic and English, both written and verbal.
• Proficient in Microsoft Office Suite and experience with accounting or collection software.
• Good analytical skills to assess customer creditworthiness and payment risk.
• Ability to handle challenging conversations calmly and professionally.
• Strong organizational skills and attention to detail.
• Ability to work independently and meet collection targets.

• High level of integrity and ethical standards.
• Customer-focused and service-oriented mindset.
• Ability to work under pressure and manage multiple deadlines.

We are looking for a dynamic and skilled Purchasing Specialist to lead our sourcing activities in Dammam, Eastern Province. As part of our team, you will play a crucial role in ensuring the quality and efficiency of our procurement processes.

• Lead the sourcing activities for various spend categories, including office supplies and production raw materials.
• Create regular reports for internal and external declarations.
• Collaborate with departments to ensure cost-effective and timely purchase requests.
• Manage relationships with suppliers in line with WIKA’s values and procurement strategies.
• Monitor market trends and ensure compliance with industry regulations.
• Track inventory and manage restocking processes efficiently.

• BS Degree from a reputable university.
• A minimum of 3 years of experience in procurement in Saudi Arabia.
• Strong communication skills with a broad local vendor network.
• Advanced proficiency in English.
• Analytical and negotiation skills to manage vendor relations.

• Work-life integration.
• Employee discounts.
• Flexible working hours and good development opportunities.
• Health initiatives and attractive remuneration.

If you meet these qualifications and are excited about shaping the future of procurement at WIKA Group, we encourage you to apply now!

• Supervise the work in the Budgeting, Financial Reporting & Cost Control Section.
• Manage Bank Facilities Agreements and their utilization.
• Prepare both Capital and Operating Budgets.
• Conduct Cost Control and Cash Flow Reviews.
• Implement Risk Management strategies.
• Prepare feasibility studies and valuations.
• Supervise accounts receivable and credit control section.

• Strong background in Finance and Accounting.
• Proficiency in ERP, Microsoft Office, and English.
• Solid understanding of bank facilities.
• Expertise in Budgeting, Cost Analysis & Control, Cash Flow & Risk Management.
• Strong solution creation and supervisory skills.

• 8+ years of relevant experience.
• Bachelor’s degree in accounting or finance.

• Develop financial models and prepare comprehensive forecasts.
• Conduct in-depth analyses to support decision-making.
• Work closely with cross-functional teams to assess financial performance and analyze variances.
• Adapt to complexity in upstream operations ensuring financial objectives are met.

• Bachelor's degree in Finance, Accounting, or related field; MBA or certification is a plus.
• Minimum of 9+ years of relevant experience in financial analysis within the Oil & Gas sector.
• Strong analytical skills with experience in developing KPIs and performance dashboards.
• Familiar with business process improvement methodologies like Lean Six Sigma.

• Develop and implement cost control strategies and procedures.
• Monitor and analyze financial data to identify cost-saving opportunities.
• Prepare and present financial reports and budget forecasts to senior management.
• Coordinate with project managers to control project costs.
• Review purchase orders, invoices, and expense reports for compliance.
• Conduct regular audits of financial records.
• Train and mentor cost control staff on processes and procedures.
• Collaborate with teams to develop cost reduction initiatives.
• Stay updated on industry trends and regulations.
• Perform other duties as assigned by management.

• Analyze complex financial information from various sources and create detailed reports, forecasts, and projections.
• Develop strong relationships with stakeholders across the organization and actively participate in finance development programs.
• Implement procedures to ensure compliance with management agreements and address any issues of non-compliance.

• Oversee the financial activities of the hotel, ensuring all aspects work within regulatory frameworks.
• Manage pre-opening budgets and financial forecasts, negotiate contracts with vendors, and control costs.
• Prepare all departments for operational readiness, including staff recruitment and training.

• Strong problem-solving skills and the ability to collaborate effectively.
• Initiative to prioritize and implement necessary actions for the team's success.
• Expertise in MS Excel, Word, and Outlook, along with good communication and negotiation abilities.

• Perform daily cash reconciliation and POS reconciliation from each reception.
• Deposit cash collections to the bank on a daily basis.
• Maintain accurate books of accounts and records related to banking transactions.
• Establish the daily cash position for each till location.
• Comply with cash management and banking related financial policies and regulations.

• Bachelor’s degree in Accounting.
• SOCPA registered and studying for a relevant accounting qualification.
• Strong proficiency in MS Excel and other office productivity tools.

• Record and monitor daily journal entries, expenses, and revenues.
• Prepare periodic financial reports (monthly, quarterly, and annual).
• Follow up on invoices, payments, receivables, and payables with clients and suppliers.
• Coordinate with management regarding budgets, forecasts, and financial reports.
• Ensure full compliance with accounting standards and tax regulations.
• Organize, maintain, and archive financial documents and records professionally.

• Bachelor’s degree in Accounting or Finance.
• Minimum 6 years of accounting experience.
• Strong proficiency in Excel and accounting software.
• High attention to detail, strong organization, and ability to work independently.
• Good communication skills and strong time-management abilities.
• Experience in design, construction, or service-based companies is a plus.

• Analyzing financial data and ensuring compliance with corporate and regulatory guidelines.
• Preparing financial statements and managing cash flow.
• Providing recommendations to support strategic decision-making.
• Leading financial audits and maintaining relationships with financial institutions.
• Optimizing financial operations to achieve organizational goals.

• Strong financial management skills including budgeting, cash flow analysis, and financial forecasting.
• Proficiency in English (spoken and written).
• Experience with financial software and ERP systems.
• Knowledge of regulatory compliance, tax laws, and financial reporting standards.
• Leadership and staff management skills with experience in leading teams.
• Effective communication and presentation abilities.
• A Bachelor’s degree in Finance, Accounting, or related fields.
• Professional certification such as CPA, ACCA, or CMA is a plus.
• Experience in facilities management or related industries is advantageous.

• Collect cost data from all departments (Purchasing, Inventory, Production, and Human Resources).
• Classify costs into direct and indirect, fixed and variable.
• Analyze actual costs and compare them with estimated or standard costs.
• Prepare periodic cost reports and submit recommendations to management.
• Participate in preparing budgets and financial forecasts.
• Review expense documents and invoices to ensure cost accuracy and compliance.
• Monitor inventory and calculate the actual cost of goods.
• Coordinate with various departments to ensure accuracy and completeness of cost data.
• Contribute to monthly and annual closing processes.
• Record and analyze data using accounting systems (Excel or ERP).

• Strong proficiency in Microsoft Excel.
• Good knowledge of accounting systems and inventory management.
• Ability to perform financial analysis and prepare reports.
• Strong communication and coordination skills with cross-functional teams.
• High attention to detail and accuracy in data entry.

• Bachelor’s degree in accounting, Finance, or a related field.
• Previous experience in cost management within the restaurant industry.

Job Description
We are looking for a skilled financial manager with deep experience in financial management, cost analysis, investment studies, and reviewing technical and financial bids, especially in the contracting and projects sector, and to be a strategic partner to management in decision-making.

He will be responsible for preparing financial analyses, future forecasts, cost control, improving profitability, and providing financial guidance that supports growth and sustainability.

Tasks and Responsibilities:
- Preparing and reviewing estimated and operational budgets and monitoring compliance with them.
- Analyzing direct and indirect project and contracting costs and suggesting improvement opportunities.
- Reviewing and evaluating the technical and financial offers from contractors and suppliers.
- Preparing financial feasibility studies for new projects and investments.
- Analyzing financial data and preparing periodic reports for senior management.
- Providing financial forecasting and scenarios that assist in decision-making.
Managing cash flows and ensuring liquidity efficiency.
- Monitoring project financial performance and analyzing variances.
- Developing financial and regulatory policies and procedures.
- Working with other departments to support financial and investment planning.
- Supervising the accounting team and ensuring the quality and accuracy of financial work.

Qualifications and Requirements:
- Bachelor's degree in Accounting, Finance, or Business Administration (Master's preferred).
- At least 10 years of experience in financial or accounting management.
- Experience in contracting, projects, or investment is preferred.
- High ability to analyze financial data and build financial models.
- Proficiency in Excel and ERP systems.
- Strong communication and reporting skills.
- Analytical and leadership personality, capable of providing clear guidance to management.